Ex-SAC Manager Gets Date For Insider Trading Trial

Law360, New York (June 5, 2013, 5:46 PM EDT) -- A New York federal judge on Wednesday set a November trial date in the criminal case against former SAC Capital Advisors LP portfolio manager Mathew Martoma, who allegedly used inside information to make $276 million trading in two pharmaceutical companies.

U.S. District Judge Paul Gardephe, who saw lawyers for both sides at a conference in Manhattan federal court, scheduled Martoma’s trial to start Nov. 4. Judge Gardephe is slated to preside over the trial.

The government expects it will need two or three weeks to make...
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